Melbourne Property Sales Results
for Saturday 18th and Sunday 19th April 2015
A clearance rate of 79 per cent was recorded this weekend compared to 75 per cent last weekend.
There were 1077 auctions reported to the REIV this weekend, with 851 selling and 226 being passed in, 118 of those on a vendor bid.
Auction sales have continued to trend upwards over the year to 15 April 2015. The top clearance rate suburbs in the year to date with 30 or more auction sales were Wantirna (97 per cent), Ringwood (96 per cent) and Brighton (93 per cent).
Enzo Raimondo
CEO REIV
Free Download: 8 Tips for Auction Day
S Sold at Auction: 704
SB Sold before Auction: 145
SA Sold after Auction: 2
Passed in: 226
Passed in on vendor's bid: 118
Clearance rate: 79%
TOTAL AUCTIONS
This week: 1077
Yesterday: 8
Last Sunday: 20
This weekend last month: 1128
This weekend last year: 61
CLEARANCE RATES:
Weekend: 79%
Yesterday: 75%
Last Sunday: 80%
This weekend last month: 77%
This weekend last year: N/A
Postponed: 22
Withdrawn: 7
Auctions with no result: 154
PS Private Sales: 468
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Total Volume (Auctions): $686.12mil
Total Volume (Private Sales): $273.48mil
Total Auctions Houses: 735
Clearance Rate: 80%
Median Price: $815,000
Total Value: $516,507,803
Total Auctions Flats/Apartments: 327
Clearance Rate: 77%
Median Price: $590,000
Total Value: $159,279,799
Total Auctions Vacant Land: 11
Clearance Rate: 73%
Median Price: $537,500
Total Value: $5,809,000
TOP 5 HOUSES
1. 44 Suffolk Road, Surrey Hills $3,370,000
2. 205 Canterbury Road, St Kilda West $3,175,000
3. 2249 Mornington-Flinders Road, Flinders $2,840,000
4. 15 Kildare Street, Hawthorn East $2,800,000
5. 37 Medina Road, Glen Waverley $2,486,000
TOP 5 BARGAIN HOUSES
1. 8/29 Eldridge Street, Footscray $263,000
2. 5/14 Kelvinside Road, Noble Park $268,000
3. 76 Macedon Street, Sunbury $270,000
4. 15 Kynoch Street, Deer Park $300,000
5. 21 Highbury Circuit, Craigieburn $307,000
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TOP 5 APARTMENTS
1. 400 Beach Road, Beaumaris $2,830,000
2. 4/32 Walmer Street, Kew $1,890,000
3. 157 Were Street, Brighton $1,525,000
4. 9 Fourth Street, Black Rock $1,513,000
5. 1/3 Rangeview Grove, Balwyn North $1,510,000
TOP 5 BARGAIN APARTMENTS
1. 25/31 Smith Street, St Kilda $143,000
2. 7/10 Heather Avenue, Brooklyn $245,000
3. 14/441 Brunswick Road, Brunswick West $258,000
4. 11/158 Napier Street, Essendon $280,000
5. 23/470 Punt Road, South Yarra $280,000
Source: http://www.reiv.com.au/Property-Research
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